"First purchase"

Ind. Code § 15-15-12.5-6, under Soybean Market Development.

Ind. Code § 15-15-12.5-6

Sec. 6. As used in this chapter, "first purchase" means a sale of soybeans at the first point of delivery when the soybeans are: (1) weighed; (2) graded; (3) titled; and (4) transferred to the first purchaser. As added by P.L.8-2026, SEC.1.